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Topic: Bitcoin Market Is Manipulated - page 6. (Read 1325 times)

jr. member
Activity: 423
Merit: 1
January 04, 2020, 08:16:04 AM
#48
It could be manipulated somehow but its hard to tell who's the whale. In any investment or financial vehicles like stocks, forex and cryptocurrencies its all about volume and market condition that dictates the price. The good side of Bitcoin is no one owns it which the price depend from the holder unlike traditional financial institution who can directly control the price.
sr. member
Activity: 1638
Merit: 300
January 04, 2020, 07:58:13 AM
#47
yeah this market seems to be manipulated by people who hold huge amounts of bitcoins, so it leads to a very difficult market for traders or holders to make a profit, technical analysis accounts for only 50% The remaining 50% depends on the psychology of the people who called whales, you can see that matic is an example

Well, that is obvious since we are in a decentralized community, why is this a big thing? With the decentralization, no one can control the price but it can be manipulated by the people who has a lot of them. I am here for almost 3 years and to be honest, upon knowing that I don't expect too much but after sometime it doesn't matter anyway since it is not that everytime they will just dump their assets everytime.
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 07:37:37 AM
#46
Maybe somehow they really affect the market price since they have higher volume of investment. On the other hand, I still believe that the government and some political factors affect also. It may somehow manipulated in a way how the market moves which also depends on the buying and selling activities of the users. For small investors like me will definitely somehow suffer from it.
sometimes politics does not benefit bitcoin, what is clearly seen is a regulation against bitcoin in countries. and for me even more frightening is the manipulation of people who have a lot of funds, because they can easily control especially if the coins don't have a lot of volume on the market.
full member
Activity: 742
Merit: 160
January 04, 2020, 07:16:07 AM
#45
Maybe somehow they really affect the market price since they have higher volume of investment. On the other hand, I still believe that the government and some political factors affect also. It may somehow manipulated in a way how the market moves which also depends on the buying and selling activities of the users. For small investors like me will definitely somehow suffer from it.
It's true that there are some political aspects that affect the price of bitcoin due to manipulation especially now that the world war is near to come with just little fire to be put. Small investors will be left in blank space and would surely suffer.
sr. member
Activity: 2044
Merit: 314
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January 04, 2020, 07:12:55 AM
#44
Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.
Not just bitcoin, the market is being manipulated and of course the exchanges as well and we are in a world where money is very powerful and what we expect from those billionaires? To give us the money and stop from earning more? Of course they wont stop and will keep aiming for a high heights. We as a small investors should not be afraid, ride the wave with them its possible if you start thinking better Trading works like this, everyone wants to win on their own.
sr. member
Activity: 756
Merit: 251
January 04, 2020, 06:54:08 AM
#43
Maybe somehow they really affect the market price since they have higher volume of investment. On the other hand, I still believe that the government and some political factors affect also. It may somehow manipulated in a way how the market moves which also depends on the buying and selling activities of the users. For small investors like me will definitely somehow suffer from it.
sr. member
Activity: 626
Merit: 250
January 04, 2020, 05:40:24 AM
#42
so he means whale controls prices that's actually not true ,well we do have a big investor but we also have other investors ,whale is not the richest a person but a community that has big funds it's also not easy business competition ,even though their game unique but they also compete to maintain prices including the exchange I mean
which is feared actually if they make the same move, the funds owned are large if the pope makes large sales together then dumps on the market can occur. but I am sure that the pure flow of the market may reject it, because their big challenge in manipulating it is pure movement of prices, unless they have the drive from the media.
sr. member
Activity: 1274
Merit: 278
January 04, 2020, 05:40:11 AM
#41
I see it is somehow a bit exaggerated? if it would happen to be increased to a price of 1m dollar, it is most likely that the entire world's currency is using bitcoin, whales do probably impact to the bitcoin price but what makes the bitcoin's price steady are the huge volume of people who follows the whale and make the market price of bitcoin even higher. In addition, it couldn't be possible because there might be a huge inflation to the bitcoin and the world.
full member
Activity: 1638
Merit: 122
January 04, 2020, 05:39:02 AM
#40
so he means whale controls prices that's actually not true ,well we do have a big investor but we also have other investors ,whale is not the richest a person but a community that has big funds it's also not easy business competition ,even though their game unique but they also compete to maintain prices including the exchange I mean

community is compose of many individuals but whale is only compose of one person . whale cant be call a whale its not rich but a comunity only have a limited amount of funds however it is possible to control the price against the whale if all comunity and every individuals will work together about it   . that is true that whales controls the prices of cryptos but luckily whales do also have mercy because they dont dump the price hard plus  they also give others a chance to earn once they pump the coins .
hero member
Activity: 2156
Merit: 531
January 04, 2020, 05:27:49 AM
#39
so he means whale controls prices that's actually not true ,well we do have a big investor but we also have other investors ,whale is not the richest a person but a community that has big funds it's also not easy business competition ,even though their game unique but they also compete to maintain prices including the exchange I mean
jr. member
Activity: 267
Merit: 7
January 04, 2020, 05:27:10 AM
#38
yeah this market seems to be manipulated by people who hold huge amounts of bitcoins, so it leads to a very difficult market for traders or holders to make a profit, technical analysis accounts for only 50% The remaining 50% depends on the psychology of the people who called whales, you can see that matic is an example
sr. member
Activity: 1176
Merit: 301
January 04, 2020, 04:53:51 AM
#37
Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.
Yes it is manipulated but it is not as easy as you've said,
They could manipulate it by making wave if they suddenly sell a huge amount and FUD started then the people would also sell because of their fear,
That is how they manipulate it.
sr. member
Activity: 1344
Merit: 264
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January 04, 2020, 04:52:12 AM
#36
This market is controlled by large institutional investors. So its price may increase or decrease depending on their intentions, but with the development of the world economy I think Bitcoin's value will always increase after each year. And that will help these institutions make a lot of profit in this market, in the future I hope the market capitalization may increase just like the stock market. This market will therefore be less controlled because there are more people investing in the market
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
January 04, 2020, 04:45:04 AM
#35
Those whales are the big investors of the cryptocurrency. They are manipulating the market and control its price. They are holding a big amount of coin so that they can manipulate the price of the specific coin. They are doing it for the benefit of the community itself.
hero member
Activity: 788
Merit: 505
January 04, 2020, 04:33:03 AM
#34
Such things are common in the trading world, the forex market, the stock market, are all manipulated, until someone illustrates that the trading world is like the law of the jungle, the strong who hold the reins, we as small traders can only take advantage of the opportunities that exist.

Crypto people who helped bitcoin when it was a joke are now helped back by bitcoin.
If you are in crypto trading then better swim with these whales to get profit. These whales are not only in crypto market they are everywhere be it forex, commodity, gold or any other trading market.
hero member
Activity: 2156
Merit: 711
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January 04, 2020, 04:14:50 AM
#33
Definitely, it's happening in here, Some big whales are always trying to manipulate Bitcoin price and in this way, they always try to get advantage from this platform, when you are saying this system is decentralized then I say nothing is decentralized in this world, When you have a syndicate then you can grab all the thing you want, so it's not any different thing, this types of crisis must bring some negative view towards this platform so this trend should be checked.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
January 04, 2020, 12:59:34 AM
#32
I want to see them whether it will be possible to manipulate until next week, I am still interested in seeing their game big people who hold bitcoin not on expert trading experts, I never believe it sometimes what we analyze about bitcoin will all change in a matter of seconds with a whim large holders, they are the ones who determine the charts as well as other traders
sr. member
Activity: 1400
Merit: 269
January 03, 2020, 11:51:33 PM
#31
If a whale dumps btc then the price gets cheaper for some it might be a negative effect but for others its an opportunity to buy and hold until some other whale pumps it. That's just how asset and trading works its an eternal buy and sell exchange. You just need to have an exit plan when you've gained enough profit before some whales starts dumping again.
hero member
Activity: 3052
Merit: 651
January 03, 2020, 11:49:45 PM
#30
Bitcoin price is determined by the few whales who happened to hold since the early days.
Since the early days?
I don't think they are still holding it by now.
They may have sold it already and all went divided to different owners. Now he ain't a whale anymore.
I bet that $20k at 2017 made him greedy.

If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.

No, that is not how the market will flow.
If they really can, then why not do it? That just means they cannot.
Those who are holding hundreds of thousands of bitcoin still have that fear to sell at the wrong point.
Why? They don't want to feel the "regret".
legendary
Activity: 3472
Merit: 10611
January 03, 2020, 11:34:58 PM
#29
Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.

you are wrong.
if this were true then price wouldn't have stayed stable even for an hour let alone for months. simply because pump and dumps like what you describe are profitable. if these whales in your imaginary scenario could indeed pump bitcoin to $1mil then they would have done it every day and make billions of dollars within weeks and abandon bitcoin an ultra rich person.
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